I don't think upside down 'cup and handle' really means anything
Well, I asked here, some weeks ago, whether the TA patterns are suposed to be symmetrical -- that is, if pattern XYZ on the logscale plot suggests that the price will go up (or down), then the same pattern but upside-down suggests that the price will go down (resp. up). The conclusion, if I recall correctly, is that it depends on whom you ask that question to.
In pairs trading, the inverse of one pair is just another pair. However, if you think the USDBTC pair, it trades more like a stock market, with long slow upward grinds when the USD is in a bull market, punctuated by short, sharp downward plunges when the USD is in a bear market. This observation suggests that patterns applicable to shares markets might be better applied inversely in BTC. Patterns which apply well to shares markets ambidextrously should apply well to BTC ambidextrously, and patterns which apply well only chirally, should best apply chirally.
